03/2022 – London, December 21st, 2022: Capital increase in the amount of € 100,000,000.00
London December 21st, 2022:
Chairman Matteo Saba, shareholder of the Matteo Saba Holding, announces today the capital increase scheduled to take place by December 31st, 2022, in the amount of € 100,000. 000.00 – one hundred million Euro – differently from what was announced as per the press release of September 8th, 2022. A more significant capital increase was possible in light of the contribution of know-how, trademarks, patents and liquid assets deriving from certain exits, as well as the need to formalise a binding offer for the potential acquisition of a football club referable to the company UC SAMPDORIA SPA. This on top of other maneuvers in strategic sectors where the Holding operates.
This important step became necessary in order to be able to determine further potential acquisitions such as those mentioned above and in compliance with the plans and values shared by its reference shareholder Matteo Saba and the entire board of directors.
On the basis of the 2023 forecast, a further capital increase is expected by the end of 2023 for an amount of no less than € 150,000,000.00 – one hundred and fifty million Euro – this also on the basis of the expected closures and exits of some of the investee/holding companies as well as the liquidation of Government Bonds and Corporate Bonds.
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